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9708 Economics · May/June 2025 · Paper 32

Paper and mark scheme

Board
Cambridge International
Level
AS & A Level
Subject
Economics
Code
9708
Year
2025
Session
May/June
Component
3
Variant
2

Questions in this paper

  1. Question 1Indifference curves and budget lines1 mark
  2. Question 2Efficiency and market failure1 mark
  3. Question 3Utility1 mark
  4. Question 4Private costs and benefits, externalities and social costs and benefits1 mark
  5. Question 5Types of cost, revenue and profit, short-run and long-run production1 mark
  6. Question 6Different market structures1 mark
  7. Question 7Growth and survival of firms1 mark
  8. Question 8Government policies to achieve efficient resource allocation and correct market failure1 mark
  9. Question 9Government policies to achieve efficient resource allocation and correct market failure1 mark
  10. Question 10Equity and redistribution of income and wealth1 mark
  11. Question 11Government policies to achieve efficient resource allocation and correct market failure1 mark
  12. Question 12Labour market forces and government intervention1 mark
  13. Question 13Labour market forces and government intervention1 mark
  14. Question 14Labour market forces and government intervention1 mark
  15. Question 15The circular flow of income1 mark
  16. Question 16The circular flow of income1 mark
  17. Question 17Economic growth and sustainability1 mark
  18. Question 18Economic growth and sustainability1 mark
  19. Question 19Money and banking1 mark
  20. Question 20Employment/unemployment1 mark
  21. Question 21Government macroeconomic policy objectives1 mark
  22. Question 22Links between macroeconomic problems and their interrelatedness1 mark
  23. Question 23Links between macroeconomic problems and their interrelatedness1 mark
  24. Question 24Effectiveness of policy options to meet all macroeconomic objectives1 mark
  25. Question 25Equity and redistribution of income and wealth1 mark
  26. Question 26Exchange rates1 mark
  27. Question 27Policies to correct disequilibrium in the balance of payments1 mark
  28. Question 28Economic development1 mark
  29. Question 29Relationship between countries at different levels of development1 mark
  30. Question 30Globalisation1 mark